Head office | 01772 653 000

Fylde coast office | 01253 347 063

The British Chambers of Commerce (BCC) isn’t shocked by figures showing a decline in manufacturing output towards the end of last year.
The UK Index of Production figures for November 2015, published by the Office for National Statistics (ONS), showed output was down by 0.4 per cent on the month and 1.2 per cent on the year.
Although the total industrial production was down 0.7 per cent on the month, it was up 0.9 per cent on the year.
“The decline recorded in the manufacturing sector in November was disappointing, but not surprising,” said David Kern, the BCC’s Chief Economist.
“This reinforces the findings of our own Quarterly Economic Survey published last week, which showed that the sector was battling both acute headwinds from global export markets and major structural issues at home.
“While the UK economy will continue to rely on its vibrant services sector to drive growth, manufacturing remains a critically important part of our economy.
“Although we cannot change the challenging global environment there is still work to do to support our manufacturing sector in areas such as access to finance to make it more competitive globally.”

Share Follow NWL Chamber on Facebook Twitter Share Follow NWL Chamber on LinkedIn Back to News channel

Latest Articles

Live Chat


Active Lancashire Logo blackpool and the fylde college bhm logo code galaxy fi real estate management fox group james brearley logo merlin ryan logo Studio LWD logo Sustainable Energy First Logo team leyland logo